NASDAQ:COLB - Columbia Banking System Stock Price, Forecast & News

Columbia Banking System trades on the NASDAQ under the ticker symbol "COLB."

Columbia Banking System declared a quarterly dividend on Thursday, October 24th. Shareholders of record on Wednesday, November 6th will be given a dividend of $0.28 per share on Wednesday, November 20th. This represents a $1.12 annualized dividend and a yield of 2.87%. The ex-dividend date is Tuesday, November 5th. View Columbia Banking System's Dividend History.

Columbia Banking System Inc (NASDAQ:COLB) issued its quarterly earnings results on Thursday, October, 24th. The financial services provider reported $0.70 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.61 by $0.09. The financial services provider earned $150.48 million during the quarter, compared to the consensus estimate of $146.70 million. Columbia Banking System had a net margin of 31.02% and a return on equity of 9.21%. During the same period in the previous year, the firm earned $0.63 earnings per share. View Columbia Banking System's Earnings History.

Columbia Banking System is scheduled to release their next quarterly earnings announcement on Thursday, January 23rd 2020. View Earnings Estimates for Columbia Banking System.

3 brokers have issued 1-year price targets for Columbia Banking System's shares. Their forecasts range from $38.00 to $40.00. On average, they anticipate Columbia Banking System's share price to reach $38.67 in the next twelve months. This suggests that the stock has a possible downside of 0.9%. View Analyst Price Targets for Columbia Banking System.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Columbia Banking System in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Columbia Banking System.

News stories about COLB stock have trended somewhat negative on Monday, according to InfoTrie. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Columbia Banking System earned a daily sentiment score of -1.0 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Columbia Banking System.

Columbia Banking System saw a increase in short interest during the month of November. As of November 15th, there was short interest totalling 2,930,000 shares, an increase of 5.8% from the October 31st total of 2,770,000 shares. Based on an average daily trading volume, of 277,800 shares, the short-interest ratio is currently 10.5 days. Currently, 4.1% of the company's shares are short sold. View Columbia Banking System's Current Options Chain.

Some companies that are related to Columbia Banking System include PNC Financial Services Group (PNC), BB&T (BBT), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), Signature Bank (SBNY), East West Bancorp (EWBC) and BOK Financial (BOKF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Columbia Banking System investors own include Heritage Financial (HFWA), Chevron (CVX), Farmers & Merchants Bancorp, Inc. (OH) (FMAO), Umpqua (UMPQ), QUALCOMM (QCOM), Brookfield Asset Management (BAM), Marathon Petroleum (MPC), Rayonier (RYN), Valero Energy (VLO) and Weyerhaeuser (WY).

Columbia Banking System's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (3.46%), Boston Partners (0.89%), Voya Investment Management LLC (0.79%), Eagle Asset Management Inc. (0.69%), Chartwell Investment Partners LLC (0.56%) and Parametric Portfolio Associates LLC (0.52%). Company insiders that own Columbia Banking System stock include Andy Mcdonald, Clint Stein, David C Lawson and Kumi Yamamoto Baruffi. View Institutional Ownership Trends for Columbia Banking System.

COLB stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Millennium Management LLC, Stifel Financial Corp, Keeley Teton Advisors LLC, First Trust Advisors LP, Boston Partners, Tributary Capital Management LLC and SG Americas Securities LLC. Company insiders that have sold Columbia Banking System company stock in the last year include Andy Mcdonald, Clint Stein and David C Lawson. View Insider Buying and Selling for Columbia Banking System.

COLB stock was acquired by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., California Public Employees Retirement System, Eagle Asset Management Inc., State of Alaska Department of Revenue, Voya Investment Management LLC, Man Group plc, Private Advisory Group LLC and Rhumbline Advisers. Company insiders that have bought Columbia Banking System stock in the last two years include Andy Mcdonald, Clint Stein, David C Lawson and Kumi Yamamoto Baruffi. View Insider Buying and Selling for Columbia Banking System.

Shares of COLB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of COLB stock can currently be purchased for approximately $39.00.

Columbia Banking System has a market capitalization of $2.81 billion and generates $585.33 million in revenue each year. The financial services provider earns $172.88 million in net income (profit) each year or $2.47 on an earnings per share basis. Columbia Banking System employs 2,137 workers across the globe.View Additional Information About Columbia Banking System.

The official website for Columbia Banking System is http://www.columbiabank.com/.

Columbia Banking System's mailing address is 1301 A STREET, TACOMA WA, 98402. The financial services provider can be reached via phone at 253-305-1900 or via email at [email protected]